Tag Archives: retailindustry

50-year-old Atlanta mall to convert mostly to offices

Developers and city, county and state officials gathered on the 50th anniversary of Atlanta’s Northlake Mall to celebrate a different future that will see Macy’s remain as a retail anchor and Emory Healthcare lease 240,000 square feet as a corporate …

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Best Buy to acquire tech firm Current Health

Best Buy will acquire UK tech firm Current Health, as the retailer moves further into the health care category. Current Health, which works with telehealth and remote patient monitoring, will join a roster of health care acquisitions for the retailer, …

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Zales parent Signet to buy 22-store Diamonds Direct USA for $490M

The owner of Kay Jewelers and Zales agreed to buy Diamonds Direct USA Inc. from Blackstone Inc. and other shareholders for $490 million, betting on a robust return of the U.S. bridal business as pandemic restrictions subside. BNN Bloomberg

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Seattle eyes stadium replacement, new school

Seattle Public Schools will collaborate with the city to replace the aging Memorial Stadium at Seattle Center in a project that may include a new school downtown. The plan, however, hinges on voter approval of a $66.5 million levy next …

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Construction underway on Florida airport terminal project

Construction has begun in Fort Myers, Florida on Southwest Florida International Airport‘s $331 million terminal expansion project. The project will include remodeling of over 164,000 square feet of space and the addition of about 120,000 square feet of food, beverage …

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New owner to redevelop Cleveland-area shopping center

Executives with DealPoint Merrill say the company will invest $10 million to redevelop The Shops at Pearl & 130th in the Cleveland suburb of Parma Heights, Ohio. The strip center is the current home of Old Time Pottery and a …

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Kids Foot Locker exec outlines next steps

Kids Foot Locker is in growth mode with the goal of becoming the largest children’s footwear retailer. The banner plans to grow its store base with new off-mall locations, innovating new in-store experiences and seeking partnerships with brands in other …

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American Dream navigates opening new wing amid COVID

The luxury wing of New Jersey’s American Dream shopping center recently opened and is the final phase for the property that executives hope will be a tourist destination. The pandemic forced the facility to close its doors for seven months, …

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Saks stars as American Dream debuts The Avenue

New Jersey’s American Dream mall opened the long-awaited luxury retail section called The Avenue, with upscale brands including Dolce & Gabbana, Hermes and Mulberry. The Avenue features a 110,000-square-foot, two-story Saks Fifth Avenue store that will host in-store shops from …

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Target to open 100 more in-store Disney shops this year

Target plans to open roughly triple the number of Disney shops within its stores, helping to drive foot traffic as the holiday season approaches. CNBC

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